SEC 13F Intelligence

Managers / Q1 2026

Bristol Gate Capital Partners Inc.

CIK 0001650142 · 45 ST. CLAIR AVENUE WEST, SUITE 601, TORONTO, M4V 1K9 · 1.416.921.7076

Reported Value
$1.6B
Q1 2026
Positions
31
Filings on Record
30
2019–present window
Filed
May 12, 2026
original filing

Summary

Bristol Gate Capital Partners Inc. reported $1.6B in U.S.-listed holdings across 31 positions for Q1 2026.

Its largest position, TRGP, represents 6.3% of the portfolio.

Compared with Q4 2025, the fund opened 5 new positions and exited 7.

Portfolio Metrics

Turnover
+20.3%
vs prior filed quarter
Top-10 Concentration
+51.1%
share of reported value
Largest Position
+6.3%
Targa Res
New / Exited
5 / 7
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $667MQ4 ’18Q1 ’19: $786MQ2 ’19: $841MQ3 ’19: $882MQ4 ’19: $1.0BQ4 ’19Q1 ’20: $851MQ2 ’20: $1.2BQ3 ’20: $1.3BQ4 ’20: $1.5BQ4 ’20Q1 ’21: $1.7BQ2 ’21: $1.9BQ3 ’21: $1.9BQ4 ’21: $2.2BQ4 ’21Q1 ’22: $2.0BQ2 ’22: $1.8BQ3 ’22: $1.6BQ4 ’22: $1.8BQ4 ’22Q1 ’23: $1.8BQ2 ’23: $1.9BQ3 ’23: $1.8BQ4 ’23: $2.0BQ4 ’23Q1 ’24: $2.1BQ2 ’24: $2.0BQ3 ’24: $2.2BQ4 ’24: $2.1BQ4 ’24Q1 ’25: $2.0BQ2 ’25: $1.8BQ3 ’25: $1.7BQ4 ’25: $1.7BQ4 ’25Q1 ’26: $1.6Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 90.9%Other: 8.9%ETP: 0.3%
  • Common Stock · 90.9% · $1.4B
  • Other · 8.9% · $138M
  • ETP · 0.3% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TRGPTARGA RES CORPNEW+389.7K389.7K+$98M$98M
WMTWALMART INCNEW+652.0K652.0K+$81M$81M
TRANE TECHNOLOGIES PLCNEW+191.0K191.0K+$80M$80M
VRSKVERISK ANALYTICS INCNEW+348.6K348.6K+$66M$66M
CPCANADIAN PACIFIC KANSAS CITYNEW+7.7K7.7K+$603,220$603,220
ODFLOLD DOMINION FREIGHT LINE INSOLD OUT−549.2K0−$86M$0
UNHUNITEDHEALTH GROUP INCSOLD OUT−243.7K0−$80M$0
CARRCARRIER GLOBAL CORPORATIONSOLD OUT−1.30M0−$69M$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2026

31 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TRGPTARGA RES CORPhistory →COM6.30%$98M389.7K
2WABWABTEChistory →COM5.74%$89M356.7K
3MCKMCKESSON CORPhistory →COM5.25%$81M94.1K
4WMTWALMART INChistory →COM5.22%$81M652.0K
5TRANE TECHNOLOGIES PLCSHS5.13%$80M191.0K
6AMATAPPLIED MATLS INChistory →COM4.97%$77M225.8K
7IBKRINTERACTIVE BROKERS GROUP INhistory →COM CL A4.91%$76M1.14M
8MAMASTERCARD INCORPORATEDhistory →CL A4.56%$71M141.6K
9AVGOBROADCOM INChistory →COM4.53%$70M227.1K
10LLYELI LILLY & COhistory →COM4.48%$70M75.6K
11VVISA INChistory →COM CL A4.40%$68M226.1K
12SHWSHERWIN WILLIAMS COhistory →COM4.34%$67M210.1K
13GE AEROSPACECOM NEW4.31%$67M235.5K
14VRSKVERISK ANALYTICS INChistory →COM4.26%$66M348.6K
15MSCIMSCI INChistory →COM4.17%$65M120.2K
16TMOTHERMO FISHER SCIENTIFIC INChistory →COM4.09%$63M129.1K
17DUTMOODYS CORPhistory →COM4.06%$63M144.3K
18INTUINTUIThistory →COM3.87%$60M138.9K
19CITCINTAS CORPhistory →COM3.84%$60M352.1K
20APHAMPHENOL CORPhistory →CL A3.77%$59M463.3K
21ACCENTURE PLC IRELANDSHS CLASS A3.73%$58M292.2K
22MSFTMICROSOFT CORPhistory →COM3.47%$54M145.5K
23STATE STR SPDR S&P 500 ETF TTR UNIT0.29%$4M6.8K
24TRI4EURTHOMSON REUTERS CORPCOM0.04%$673,9787.5K
25CMCANADIAN IMPERIAL BANK OF COCOM0.04%$655,0676.9K
26WCNWASTE CONNECTIONS INCCOM0.04%$644,4294.0K
27RYROYAL BK CDACOM0.04%$612,9793.8K
28CPCANADIAN PACIFIC KANSAS CITYCOM0.04%$603,2207.7K
29CNRCANADIAN NATL RY COCOM0.04%$584,8065.7K
30BNBROOKFIELD CORPCL A LTD VT SH0.04%$577,21114.3K
31FSVFIRSTSERVICE CORP NEWCOM0.04%$573,2594.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.6B31May 12, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.7B33Feb 6, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.7B31Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.8B31Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$2.0B32May 8, 202513F-HRchanges · EDGAR ↗
Q4 2024$2.1B33Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$2.2B31Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$2.0B31Aug 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$2.1B30May 10, 202413F-HRchanges · EDGAR ↗
Q4 2023$2.0B32Feb 12, 202413F-HRchanges · EDGAR ↗
Q3 2023$1.8B31Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.9B31Aug 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$1.8B32May 10, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.8B33Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$1.6B32Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$1.8B32Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$2.0B32May 12, 202213F-HRchanges · EDGAR ↗
Q4 2021$2.2B33Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.9B31Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.9B31Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.7B32May 13, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.5B34Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$1.3B33Nov 9, 202013F-HRchanges · EDGAR ↗
Q2 2020$1.2B33Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$851M33May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$1.0B36Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$882M33Nov 12, 201913F-HRchanges · EDGAR ↗
Q2 2019$841M33Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$786M33May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$667M34Feb 13, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.